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Search Results 0 to 49 of about 81 (some duplicates have been removed)
CSPAN
Jan 15, 2013 6:00am EST
debt ceiling, which will come into play. so we will be seeing a lot of activity in the next few months, debates about people criticize the government, about the size of the deficit, and it a lot of back and forth over these three issues. without going into all the different ramifications, i want to say one word about the debt ceiling, which is not everybody understands what the debt ceiling is about. the debt ceiling -- raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its existing bills. it does not create new deficits. it does not create new spending. so not raising the debt ceiling is sort of like a family which is trying to improve its credit ratings and i know how we can save money, we will not pay our credit card bills. not the most effective way to improve your credit rating. it was a very slow solution to the debt ceiling in august of 2011 that got the u.s. downgraded last time. so it's very important. all these issues are important, but it's very, very important that congress take necessary action to raise the debt ceiling
FOX News
Jan 14, 2013 7:00pm PST
to the wood shed over the debt ceiling today the white house press car taking on the president and president obama getting, well, rather testy. >> are you considering a plan b and if not, why not? >> chuck, what i'm saying to you is that there's no simpler solution, no ready, credible solution other than congress either give me the authority to raise the debt ceiling or exercise the responsibility that they have kept for themselves and raise the debt ceiling. >> what chuck and i and many people are curious, the new adamant desire for you not to negotiate and seems to conflict with the modern era of presidents and the debt ceiling and your own history of the debt ceiling. >> i think if you look at the history getting votes for the debt ceiling is always difficult. i don't think anybody would consider my position unreasonable here. >> you say you're not going to negotiate on the debt ceiling this year, why should house republicans take that seriously and think if we get to the one minute to midnight scenario that you're not going to back down. >> jewel anna, this is straight forward, either co
CSPAN
Jan 15, 2013 7:00am EST
escalates the fight on the w economy. is the debt ceiling negotiable? your thoughts? send us a tweet or post your comment on facebook. you can also send us an e-mail. president obama held his last official news conference of the first term yesterday in the east room of the white house. here's what he had to say on the debt ceiling debate. [video clip] >> republicans and congress have two choices. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect ransomed in exchange for not crashing the american economy. the financial well-being of the american people well-being is not a leverage to be used. the full faith and credit of the united states is not a bargaining chip. they had better choose quickly, because time is running short. the last time republicans in congress even flirted with this idea, r. triple-a credit rating was downgraded for the first time in our mystery, our businesses created the few jobs in any month in nearly the past three years, and the whole fiasco added to the deficit. ho
FOX News
Jan 14, 2013 4:00pm PST
's debt ceiling and the effort to stop mass murderers in america. >> my point is to focus on what makes sense, what works. >> one month after the shooting at newtown it is time to come up with action. >> we to have answers. >> he will announce his specific plan within days. the possible gun proposals and could they actually become law? plus the lance armstrong interview. he's denied he doped for years. >> sick and tired of these allegations. they are absolutely untrue. >> the support gave him the boot. >> lance armstrong has no place in cycling. >> now and for the first time lance armstrong says he's opening up about what really happened. >>> and hundreds of people hunting giant snakes. >> the species of the day is ber mes python. >> i have a machete and side arm. >> man verses python in the florida everglades. >> breaking news with lance armstrong. first president obama still supports an assault weapons ban. he admits it may not make it through congress. the president head a news conference and said the ban is one idea he is considering after a list of recommendations from joe biden. i
ABC
Jan 15, 2013 11:00am PST
for the president's dilemma on the debt ceiling. >> the final press conference was held this morning and he talked about the debt ceiling announcing if congress doesn't work with him and raise the debt ceiling america will go into default on the loans and we might have to sell florida. so, take goodbye to nanna and papa. >> you can see jimmy kimmel at the new time following the abc7 at 11. >> and the story behind a baby panda high five that >> on the 4th anniversary of the miracle on the hudson, "sully" sullenberger joins katie couric for a great day and reunited with the passengers he saved in the incredible emergency landing on new's hudson river. >> of all people to be piloting that day, thank god, sully, it was you. sometimes i get on a plane and i am like, sully? anybody named sully on this plane? >> i appreciate that. when i travel as a passenger i have people recognize me and they say i feel better knowing you are here. >> we feel the same way, too. that is katie at 3:00 and you can hear more right here on abc7. on abc7 news at 4:00, a hand's on lesson, high school students get an opportuni
MSNBC
Jan 14, 2013 8:00pm PST
obama set the record straight on the debt ceiling. >> now the other imposition is called the debt ceiling. something most americans had not heard of before two years ago. so i want to be clear about this. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. >> and of course republicans tried to trick americans into believing the debt ceiling was a blank check or magic credit card for the president to go spend whatever he wanted to spend. of course, the united states constitution gives the power to spend to congress. the result is the money congress has already borrowed. president obama explained to the american people in congress how they're trying to do their actual jobs. >> these are bills that are racked up. and we need to pay them. so while i'm we'illing to find compromise on how to pay our debts, americans should not be stopped from paying the bills we racked up. >> the country will be in a dire situation. president ob
MSNBC
Jan 15, 2013 8:00am PST
in exchange. >> that's a warning shot from president obama on the debt ceiling deadline, making it clear he's not going to negotiate with the gop insisting on using it, but the president facing a gop unwilling to negotiate with him. a in lawmakers is newly elected congressman ted yoho, a tea party backed conservative. great to have you here. we appreciate your time. congratulations, as you were just recently sworn in. you have made a real name for yourself so far by saying that you really want to make john boehner accountable for what he's doing there on the hill. our first team is reporting that the chief goal of obama's press conference was to -- for raising or not raising the debt ceiling. then this morning former house speaker newt gingrich weighed in saying the gop congress is coming out a loser. >> it's a threat they can't sustain. no one is going to default. no one is going to allow the united states to not pay its bills. no one is going to accept the economic costs. it rallies the entire business community to the president's side. i don't think we should pick fights where we are in
FOX News
Jan 14, 2013 11:00pm PST
house. the main attraction, our old friend the debt ceiling. they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires discipline, responsibility and compromise. >> dana: yet, he showed little willingness to do so. >> i'm willing to compromise and find common ground over how to reduce the deficit, america cannot afford another debate with this congress about whether or not they should pay the bills they have racked up. what i will not do is to have that negotiation with gun at the head of the people. >> dana: interesting choice of words to describe that. eric, you talked about not wanting the country to lurch from crisis to crisis. most americans would agree and want washington to fix fundamental problems. why do we have to have the debate every three months? >> eric: sure. start with the debt ceiling and how it came about. prior to wor
CNN
Jan 15, 2013 2:00am PST
separate from the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills, and we are not a deadbeat nation. >> clearly house speaker john boehner thinks differently. he responded by saying, quote, the american people do not support raising the debt ceiling without reducing government spending at the same time. >>> these pens are designed to be used only by one person, but an investigation discovered that many of them were used on multiple people. >>> are you in hawaii or going there anytime soon? surfers, beware. check out this video. it's a real-life jauss. two sharks were swimming dangerously close to the show. can you believe it? look at that. you could wade in and be bitten, eaten. last year there were a total of 11 shark attacks in hawaii. >> that's what i call dangerously close. >> oh, my goodness. >> so some people in the southeast waking up to the dual danger of flooding and ice. alexandra steele in the weather center. good morning. >> good morning, guys. each snow potentially for you around new york c
FOX Business
Jan 14, 2013 9:00pm EST
. coming gap, president of bond -- obama demanding part congress dr jobs and raise the debt ceiling. slip in the showers. lawsuits by prison inmates causing taxpayers more than $100 million. i'll break it down next. ♪ gerri: taxpayers on the hook for more than $100 million thanks to lawsuits from prison gerri: here at "the willis report" we bring you the stories of government abuse of our taxpayer dollars every day. today we have a doozy. they say crime pays and, boy, does it. inmates held at rikers island here in new york been suing the city for injuries they say they received in jail. now, some say they slipped on suppleness shower while others say the beds were too short and injured them. i kid you not. one fellow has been locked up in rikers since 2009 for apparently firing on to new york police department cops. he says a stop up rain in the shower cost of defaults. he says the city is at fault for not putting down rubber mats or those big orange hazard comes. people familiar with the sec in order prisoners share names of lawyers, even putting attorney contact information year jail
CNBC
Jan 14, 2013 7:00pm EST
it must raise the debt ceiling and that the fed is going to keep buying bonds for now. on this one-month anniversary of the heinous, awful newtown shootings, the sheriff comes out in favor of banning assault weapons. "the kudlow report" begins right now. >>> first up tonight, president obama slams the republicans. he says no gimmick, no magic coins. just the plain old standoff on the debt ceiling. who is gonna blink first in this? john harwood joins us from washington with the details. good evening. >> good evening. the president used the last news conference of first term to draw an ever-brighter line with congressional republicans on the debt ceiling. they say they want dollar for dollar spending cuts to be matched with an increase in the debt ceiling. the president said i'll negotiate with you, but not over the debt ceiling. he simply is not going to allieu republicans to take the full faith and credit of the united states and the health of the u.s. economy as hostages. >> they will not collect our ransom in exchange for crashing the american economy. the financial well-being of
FOX
Jan 15, 2013 5:00am PST
the debt ceiling. president barack obama will not negotiate with congress on this issue. while republicans want any increase in the debt ceiling to be tied to spending cuts... >> the issue here is whether or not america pays its bills. we are not attend beat nation and so -- there is a very simple solution to this. >> now in a statement, house speaker phil boehner indicated the republican party is prepared for a fight and the consequences of increasing the debt ceiling are real but so too is the consequences of allowing our spending problem to go unresolved. >>> they are closely watching this debt ceiling battle in washington and if congress does not act on the debt ceiling, the national economy could fall and that would have a negative affect on california's budget numbers. they revealed a budget surplus in many years and that's thanks to a new tax revenue from proposition 30 as well as spending cuts. >>> the social media is buzzing about a possible announcement by facebook. janine de la vega joins us now from menlo park with more on a mystery event that is going to take place in just a f
MSNBC
Jan 14, 2013 4:00pm PST
tough ahead of the next big fight with congress over the debt ceiling. >>> the president said vice president biden has presented him with a list of common sense steps to prevent gun violence. but the biggest question is how much of it the administration can actually get passed through the congress. >>> and watching last night's golden globes, one thing was clear to me, america once again feels good about itself. we've got a new sense of optimism, and the movies show it. >>> the latest attack on science by a republican member of the house science committee. what a strange name for that crowd. that's in the "sideshow" tonight. and this is "hardball," the place for politics. zzzquil™ sleep-aid. it's not for colds. it's not for pain. it's just for sleep. because sleep is a beautiful thing™. ♪ zzzquil™. the non-habit forming sleep-aid from the makers of nyquil®. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great id
MSNBC
Jan 15, 2013 9:00am PST
asserted the consequences of failing to increase the debt ceiling are real, but so, too, are the consequences of allowing our spending problem to go unresolved. it was a response to this stern warning from the president on monday. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well being of the american people is not leveraged to be used. >> if the tenor of the president's last press conference of his first term is any indication about what he expects in his second term, prepare for a bond-style showdown as the government barrels towards its borrowing limit. that said, there might exist a solution that would allow congress to do what it does best, which is to say nothing at all, and still save the economy. this do nothing approach was floated by senate minority leader mitch mcconnell in 2011, and president obama gave it a hat tip yesterday. >> they want to put the responsibility on me to raise the debt ceiling, i'm happy to take it. mitch mcconnell, the republican leader in the senate, had a proposal like that last year
Current
Jan 15, 2013 6:00am PST
is regarding the debt ceiling why doesn't the president go ahead and implement article 14 of the constitution, and if the republicans want to take this to court, let's go. let's have this conversation. let's explain to the american people why you racked up two wars unpaid for, tax breaks for rich people unpaid for, but you don't want to pay the bills. >> stephanie: exactly. i'm not sure what the white house is -- even on guns -- even any kind of mention of what the president might do on guns they are already talking about impeachment. that's the times we're in. twenty nine minutes after the hour. right back on the "stephanie miller show." ♪ show, to be able to come away armed with the facts, and the arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. but it's also about telling them, you're put on this planet for something more. i want this show to have an impact beyond just informing. an impact that gets people to take action themselves. as a human being, that's really important. this is not j
FOX News
Jan 15, 2013 3:00pm PST
on spending cuts in order to raise the debt ceiling and key senate republican says mr. obama doesn't get it. >> you have a kid that keeps a credit card loaded and a person that would tear up the credit card but you look at the credit. republicans are willing to pay for past bill but this is about the future bill. the president misses the point here. >> reporter: today, house democratic whip steny hoyer said new revenue must accompany spending cuts. for day, the final passage is expected in the house in the next hour or so. bret? >> bret: mike, we will follow that on fox. thank you. ominous note now from one of the world's top credit agencies. fitch rating says the u.s. could lose the top credit rating if there is a delay in raising the debt limit. we'll find out with the senior political analyst brit hume thinks about this. good evening. >> good evening. the warning from the fitch rating agency today is certainly will become talking point for president and democrats who claim the republicans are using the debt ceiling recklessly as leverage for spending cuts. worry over the debt ceiling is
KOFY
Jan 14, 2013 9:00pm PST
on 7 news at 9:00. president obama draws new line in the sand on american debt ceiling. tonight what happens if the limit is not lifted and who feels it first. first. >> nissan íáf- >> treasury secretary geithner tell congressional leaders that the government will exhaust its borrowing limit as soon as mid february not march as expected. in the mean time president obama insists tonight that he will not negotiate with house republicans over the debt ceiling. mark matthews looks at the challenge the president is facing. >> president told reporters raising the debt ceiling is not a question of more spending. >> it's simply allows the country to pay for spending that congress has already committed to. >>reporter: then he repeated that. >> raising the debt ceiling does not authorize to us spend more. >>reporter: in the 40 minute press conference he said it half dozen times. >> this is about paying your bills. >>reporter: if the u.s. defaults on the debt. >> social security checks veteran benefit will be delaye delayed. might not be able to pay our troops. honor our contract with
KICU
Jan 15, 2013 4:00am PST
, president obama told reporters the u.s. can't afford a drawn-out debate over raising the debt ceiling, which could reach its lmit in mid february. "raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have already been racked up, and we need to pay them." president obama warns that if the debt limit is not raised or used as leverage by republicans, markets would go haywire, interest rates would rise, and checks to military veterans and people on social security would end. gop senate minority leader mitch mconnel reponded by saying, "the president and his allies need to get serious about spending, and the debt-limit debate is the perfect time for it." traders will get their first opportunity to react to comments at the market close yesterday by federal reserve chairman ben bernanke. among the highlights, the fed chair says, the federal government is not out of ammunition, the fed's bond-buying program is not likely to lead to higher inflation, and the fed sees positive signs in
MSNBC
Jan 14, 2013 5:00pm PST
dermott's reaction to the president's tough talk on the debt ceiling. e.j. dion and ruth con connaught on whether the republicans will actually listen. >>> one month after sandy hook, he has the president's gun recommendations. >> will spineless republicans kill reform? one threats impeachment if the president signs an executive order on guns. dan gross of the brady campaign is here with reaction to the president's comments that the nra is joining up fear to sell guns. >>> and former secretary of state colin powell calls out republicans on race. >> there is also a dark -- a dark vein of intolerance in some parts of the party. >> dr. james peterson janes me to discuss the republican response. >> good to have you with us tonight, folks. thanks for watching. president obama took on the single greatest threat to the global economy today, the republican party. the president used the final news conference of his first term to throw down the gauntlet. after years of deliberate confusion by republicans, president obama set the record straight on the debt ceiling. >> now, the other congressionally imposed
MSNBC
Jan 15, 2013 12:00pm PST
. remember, raising the debt ceiling isn't additional spending but allows the government to pay the bills it's already racked up on money it's already spent. today, fitch ratings which sets credit ratings for countries around the world warned the u.s. could lose the aaa rating, the highest there is, if there's not a quote median-term deficit reduction plan put in place. what will it take to get a deal? we start with dan gross. his latest piece is titled "obama brinksmanship puts gop in tough spot on debt ceiling." so dan, you write that while you fall off a cliff, you only bump your head in to a ceiling but economically the ceiling has the capacity to deliver far more damage. you are talking like my friend steve kornacki here. what is failing to raise the debt ceiling? why is that going to be catastrophic? >> well, you know, first of all the stock and bond markets will really go haywire in a way they didn't when we were about to go over the fiscal cliff because government bonds are held by everybody. chinese central bank, japanese central bank, every single bank financial institution out the
MSNBC
Jan 15, 2013 3:00am PST
's the view of all of them. >> of course. >>> we'll move onto the debt ceiling with the government on pace to run out of money by mid-february. >> yesterday, the president warned republican leaders raising the nation's borrowing limit was non-negotiable and congress aimed to use it as lever eventuallyiage for deep s. >> while i'm willing to find middle ground to reduce our deficits, america cannot afford another debate. not paying its bills is irresponsible. it's absurd. republicans in congress have two choices here. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect or ransom in exchange for not crashing the america economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> you know, it looks like republicans are up against another wall. but they're not going to be able to get -- they're not going to be able to get, quite frankly, some things they really want, if they're serio
FOX News
Jan 14, 2013 9:00pm PST
voting for the debt ceiling when there is a republican president. but you never saw a situation in which democrats suggested somehow that we would go head and default if we didn't get 100% of our way that. is not how it's supposed to work. >> sean: i can't help but you remind that had obama in 2006 was a junior senator from illinois who opposed raising debt ceiling that. is right. barack obama scolding republicans for linking p spending cuts to raising debt ceiling himself voted against raising the debt ceiling. here is what the anointed one said in 2006, said leadership means the buck stops here, washington is shifting burden of bad choices today onto the backs of our children and our grandchildren. er america has a debt, and a failure of leadership. americans deserve better, i, therefore, intend to oppose the efforts to increase american's debt limit so he is doing what he said shouldn't be done. but in doing so is demonstrating his morale superiority. the second thing we saw today is on full display he said republicans were sus spishus about social security and government support for
ABC
Jan 14, 2013 11:00pm PST
in office. talked pose i about the debt ceiling. he announced if congress doesn't work with him and raise the debt ceiling will america will go into default and we might have to sell florida. say goodbye to nana and pop pop. >> chimpy up next. >> the morning news starts at 4:30 appreciate your time have a good night. a good night. >> good night "jimmy kimmel live"! tonight ellen degeneres. the bachelor sean lowe. and music from onerepublic. with cleto and the cletones. and now from this point on, here's jimmy kimmel! [ cheers and applause ] >> jimmy: welcome. hi, i'm jimmy. i'm the host. thanks for watching. thank you for -- raising the arctic 50 degree weather to be here tonight in hollywood. very kind. i do appreciate
FOX News
Jan 15, 2013 6:00am PST
to raise the debt ceiling, right? president obama warned he will not enter into another game of brinkmanship as he referred to it over the debt sealing with republicans. >> the issue here is whether or not america pays its bills. we are not a deadbeat nation. if congressional republicans refuse to pay america's bills on time, social security checks and veterans benefits will be delayed. investors around the world will ask if the united states of america is in fact a safe bet. the full faith and credit of the united states of america is not a bargaining chip. martha: a lot of talk about the president's demeanor at that news conference yesterday. we'll get into that a little bit more coming up but for now does this really come down to an issue of raising the spending limit or defaulting on our credibility as the president has talked about. let's bring in stuart varney, host of "varney & company" on fox business network. so, stuart, you feel the way he is framing this is incorrect? >> yes. we're not going to default, period. we are not going to default. the default means that yo
CSPAN
Jan 15, 2013 1:00am EST
coming up is the so-called debt ceiling -- something most americans hadn't even heard of before two years ago. i want to be clear about this. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have already been racked up and we need to pay them. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they've already racked up. if congressional republicans refuse to pay america's bills on time, social security checks and veterans' benefits will be delayed. we might not be able to pay our troops, or honor our contracts with small business owners. food inspectors, air traffic controllers, specialists who track down loose nuclear material wouldn't get their paychecks. investors around the world will ask if the united states of america is, in fact, a safe bet. markets could go h
CNBC
Jan 15, 2013 4:00am EST
.7%. >>> urging for actions, president obama and tim geithner say congress must raise the debt ceiling or cause irreparable damage to the u.s. economy. >>> and jump t to the top of the ftse 100 after third quarter revenue beat the forecast, burberry had earnings higher than expected. >>> all right. sorted out my mike issues. "worldwide exchange" is slightly different today because we're analyzing the first german gdp numbers. >> and i come to the u.s. where it's all annualized and we stick to the european data and it's quarter on quarter. given the context, we're still working through what all that means. >> exports in november, down 94.1 billion is where we essentially went. 98.4 billion was the october numbers. so exports in november driving down. and that gdp number is worth pulling out. exports for the year, up 4.1%. as far as production is concerned, it was up 2% in november. but the forecast were for it to rise up 1%. it was a very weak october, as well. it was this production and that production number. when that came out, it essentially made people put a pretty fourth quarter in the who
FOX Business
Jan 15, 2013 1:00pm EST
proposing a delay to president obama's health care law in exchange for raising the debt ceiling. rich edson has the latest. rich: they have been figuring out what they want to propose. perhaps floating a delight in the implementation of the president's health care law. the bulk of the spending starts in 2014. that is just one of them any options they are hoping to discuss. major tax and entitlement reform. that will be discussed throughout the rest of the week. >> we have to come to a point where we stand and fight. i hope this is the time. there is no such thing in this definition. we'll pay social security, will you pay medicare or would you use it as a tool to try to get the house republicans to cave? rich: president obama said he will not negotiate. he will talk spending cuts and, perhaps, revenue. back to you. lori: thank you so much. new warnings on the debt ceiling. timothy geithner telling congressional leaders that the u.s. will exhaust its limit mid-february. bernanke urging congress to extend borrowing authority well before the deadline. the u.s. could lose its aaa rating, so whe
MSNBC
Jan 15, 2013 6:00am PST
and they will be able to meg officiate on the debt ceiling. you about want to find a way out of getting boxed in on the debt ceiling themselves, believing a fight over funding the government is a much better political fight for their party. here's congresswoman marsha blackburn yesterday. >> i think there is a way to avoid default. if it requires shutting down certain portions of the government, let's look at that. >> yesterday the president sounded almost resign to the idea a government shutdown is probably coming up. >> if the republicans in congress made a decision they want to shouldn't down the government in order to get their way, then they have the -- votes at least in the house of representatives probably to do that. i think that would be a mistake. and it would be profoundly damaging to our economy. >> once again, what the white house was trying to signal on debt limit in government shutdown is this. they are not going the try to help republicans find a way out of it. they have to own debt limit and republican leaders know they need to move off of debt limit. they are trying to find
ABC
Jan 15, 2013 5:00am PST
for the president's dilemma on the debt ceiling. >> obama held the final press conference of the first term in office. he talked about the debt ceil saying if congress does not work with him to raise the debt ceiling america will be in default and we my have to sell florida. >> watch jimmy kimmel live weeknights right here on abc7 at the new time following abc7 news at 11 and "nightline" is on right after that. >> lebanese -- leave disneyland and the cracked crab >> welcome back on the 4th anniversary of "miracle on the hudson." "sully" sullenberger joins katie about the incredible emergency landing. >> of all people to be piloting that lane, thank goodness it was you. i get on a plane and i think, sully? anyone named sully on this plane. >> i appreciate that and when i travel as a passenger i have people recognize me and they say i feel better knowing you are here. >> i look for him in the cockpit, as well. that is katie at 3:00 p.m. right here on abc7. >> good show. >> 5:23. great mighting that day. amazing to see the pictures. >> now, outside, it is darn cold. >> do we want do? mike, wha
FOX News
Jan 15, 2013 2:00am PST
to increase the debt ceiling in order to pay its bills. he singled out republican law americas warning them he will not negotiate on the matter adding brinkmanship would be absurd and irresponsible. >> raising the debt ceiling does not authorize us to spend more, all it does is say that america will pay it's bills. we are not a dead beat nation. >> in a statement john fwhier says the consequences of failing to increase the debt ceiling are real so, too, are the consequences of allowing our spending problem to go unresolved. republican senator mike lee of ue ah taw says the government needs put into place structural spending reform because simple spending cuts will no longer do the job. we are going to face another credit downgrade i fear because we will face it again without think being the way paushiwashi spends money. >> he is willing to work with republicans to reign in spending. he wants to conduct those talks separately from the gop to raise the debt ceiling. he hopes by doing so he can avert a first ever national default. >> kelly wright live in washington. thank you. >>> it is time to t
CNBC
Jan 15, 2013 6:00am EST
the debt ceiling or put the u.s. economy st. at risk. it's tuesday, january 15th, 2013 and "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. we've been watching the u.s. equity futures and at least at this point you can see they do look like they're indicated to open a little lower. right now, dow futures down by about 16 points below fair value. the s&p futures are about 2 points below fair value. we have some different nebs going on at the top of the screen than we do on that fair value board. we'll check on that, as well. >>> dell is said to be in talks with private companies in reports of a possible guyout. the journal says jpmorgan is involved in the negotiations. dell shares have been soaring near an eight-month high on first word of this news yesterday. you can see up about close to 2% to the premarket sales. 64 is the last dip. in other technology news, facebook is holing a press conference today. no word on what the big announcement will be. you've heard a lot of analy
PBS
Jan 14, 2013 11:00pm PST
as negotiating with republicans directly about whether the debt ceiling will or will not be raised. the president's position is a congressional obligation f congress wants to hand that authority over to him he will be glad to take it but congress needs to send him a debt ceiling increase. remember the debt sealing acording to the treasury department is due to run out to laps and we would approach a default position sometime in the middle of february, just next month. there is not a lot of time. now republicans have said and i asked the president about this you know, historically the debt ceiling because it oftentimes difficult to get votes in congress to pass a debt ceiling, has often been accompanied by fiscal or deficit reduction measures. back in the '80s, the '90s and even in president's presidency himself he has signed four laws raising debt ceiling. three were tied to some sort of fiscal management, legislation itself. but the president now says i'm tired of negotiating all those things, raised the debt ceiling and then i will get on with other conversations with you about dealing with the
PBS
Jan 15, 2013 12:00am PST
in temperament and in words on the debt ceiling. >> charlie, i think he realizes he has a winning hand substantively on this and there will be caveats in just a moment. i was struck, however that what this really, his last press conference his first term showed he should have had a lot more than he did. because he's rusty. if was almost analogy can be made to that first debate. he went on too long for a while. he stepped on his narrative some. and if you read t i think reads better than it looked. the reason i say i think he believes he has the upper hand on the debt sealing is because republicans have a losing hand. they don't want to hold the full faith and credit of the united states hostage to cutting entitlements. that's just not a winning hand but there are other games they can play in the middle on that and i think that obama did at best a fairly good job today in countering that. >> rose: major? >> well, the president uses press conference primarily, charlie, to tell the republicans in the countries that's watching and the bond markets and financial markets all over the world t
CNN
Jan 15, 2013 1:00pm PST
illustrate why we are going to have the big fights over the next couple of months to raise the debt ceiling and two-thirds of the republican caucuses voted for this. they want to send a message that they really, really needed it, that they want to cut spending for every doll they put out there, even on disaster relief, which historically has not been required to have an offset. >> and definitely has ruffled feathers in the last congress. all of our viewers i'm sure will rememb how new jersey governor chris christie didn't hold back in showing how angry he was at congress, the house, and specifically speaker boehner when the vote was delayed last time. listen to him. this is on january 2nd. >> new jersey deserves better than the due police tea we saw displayed last night. america deserves better than just another example of a government that has forgotten who is the to serve and why. 66 days and counting. shame on you. shame on congress. >> when you listen to that and when you listen to the house floor and sound bites before , s what you're saying why speaker boehner did what he did in the v
FOX News
Jan 15, 2013 10:00am PST
warnings about the u.s. credit rating and the debate over the debt ceiling. why some think this could mean new hope for a minting a trillion dollar coin we could use to pay our bills. we thought that was settled. maybe not. and this high school principal is in hot water after trying to connect with students with a video that he says was meant to be a parody. we'll push play and you decide. and a reporter yesterday challenged the president about whether he's doing enough to reach out to republicans and trying to negotiate the big deal he says he's looking for. we'll show you his response and look at what that could mean for the gun debate, the debt ceiling and the rest. >> most people who know me know i'm a pretty friendly guy. and i like a good party. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. turn your world upside down with gillet
ABC
Jan 15, 2013 1:05am PST
. >> obama held the final press coaches of the first term in office. talked pose i about the debt ceiling. he announced if congress doesn't work with him and raise the debt ceiling will america will go into default and we might have to sell florida. say goodbye to nana and pop pop. >> chimpy up next. >> the morning news starts at 4:30 appreciate your time have a good night. a good night. >> good night
FOX Business
Jan 15, 2013 6:00pm EST
that are raising alarms from demanding republicans immediately raise the debt ceiling and lori about that pesky out of control spending later to considering as many 19 different gun-control measures that he could in force as he gears up for his comprehensive plan tomorrow. our president seems to think of himself like a king and said that our elected officials. joining me now, former adviser to president george w. bush. senior fellow at the cato institute. i will start with you. here is the president back in 2006 on the idea of raising the debt limit. he said, the fact that we are here today to debate raising america's debt limit is a sign of our leaders failing in the u.s. government cannot pay its own bills and i intend to oppose the effort to increase the debt limit to and here he is begging for the debt limit to be raised now that he is president. >> i think that he was right several years ago when he talked about the size of fiscal irresponsibility, but all of a sudden he seems to think it is just a wonderful, peachy keen idea. gerri: irresponsible thing to do . brad, to you. i am -- i went bac
FOX News
Jan 14, 2013 6:00pm PST
republicans, who want to tie the debt ceiling to cutting spending and obama says blow up the economy and risk the full faith and credit of the united states and to do so is irresponsible, the consequences of not paying our bill would be disastrous. the charges went on and on and on and made it sound like only an anarchist would oppose raising the debt ceiling. listen to this: . >> what i will not do is to have that negotiation with a gun at the head of the american people, the threat that unless we get our way, unless you gut medicare or medicaid or otherwise slash things that the american people don't believe should be slashed, that we're going to threaten to wreck the entire economy. look, i don't think anybody would consider my position unreasonable here. democrats don't like voting for the debt ceiling when the republican's president, but you never saw the situation in which democrats suggested somehow that we would go ahead and default if we didn't get 100% of our way, that's just not how it's supposed to work. >> sean: hearing that i can't help, but be reminded of obama's record on the
Current
Jan 15, 2013 3:00am PST
more people care about that issue than the debt ceiling. >> bill: they get too full of themselves. the problem with the front row particularly the press corps is they represent different networks. they all want to talk about let's say, for example guns. they all want to be on camera asking the question about guns and it doesn't matter if somebody else has already asked the question five different times in five different ways, they're still going to ask it so they can get on camera. that's what's wrong with the press briefings. >> thank you very much for your tweet. >> if you go to the newseum web site and you look at what the country is talking about it is a rich quilt of different issues, different ideas that people around this country are discussing. and the washington press corps questions of one or two topics doesn't even big to cover -- begin to cover what reporters around this country are reporting on, talking about. that disconnect is really jarring, i think. >> bill: it is jarring. i remember as a reporter in los angeles and a comment tater in los angeles, covering preside
FOX News
Jan 15, 2013 1:00pm PST
bypassing the debt ceiling -- on congress's behalf. >> democrats are urging the president to use executive order to say congress, i don't node to you raise the debt ceiling, i am going to do it on my own. i want everybody to know,utive order -- high is not the first president and won't be the last to use executive order. frankslinrosis velt passed 37 executive orders and clinton and reagan did 350-plus. i am talking about policy issues of significant magnitude that need to have a full public vetting. the american people need tock engaged in the process. we need hearing on the matter ogun control, specifically. and we really need to talk about mental health and how we as a society are not embracing people with mental health issues. that's a bigger conversation, i know, neil. >> neil: thank you for indulging all of this breaking news and being on top of it. we told you about the mulvaney amendment, matching dollar for dollar, any aide they are getting in like-minded cuts from discretionary spending. that was defeated, as expected on the flor of the house. to missouri running senator roy blun
MSNBC
Jan 14, 2013 7:00pm PST
conference in the first term. >> to draw the line on the debt compromises. >> raising the ceiling doesn't authorize more spending. >> the president clearly came out putting it on the republicans. >> republicans in congress have two choices here, they can act responsibly. >> this is such a recipe for disaster for the republican party. >> or they can act irresponsibly, they better choose quickly. >> frankly all republicans have to bargain with. >> yes, they are, yes, they are. >> they're holding us hostage. >> are we heading to a shutdown. >> this could be a financial disaster. not only for our country, but for the world. >> social security checks and veteran's benefits will be delayed. >> i don't think it is a question that is even on the table. >> ironically would probably increase our deficit. it is absurd. >> the president won't back down on the debt ceiling or on gun safety. >> the pressing issue of gun reform. >> exactly one month after the tragedy at sandy hook. >> if there is a step we can take that will save even one child we should take that step. >> gun violence continues to wr
FOX
Jan 15, 2013 4:30am PST
and dry, maybe just a little bit warmer. >> well the debt ceiling continues. how that could affect california plus a newly released budget. >>> a fellow student appears in court and why prosecutors say he will be tried as an adult. >>> westbound between walnut creek and oakland, we will tell you more about the morning commute and the bay area weather. . >>> good morning, 20s and 30s, frost and freeze should be out. >>> well some pg&e customers in l-spurs should be out after high voltage power lines crashed on to a house. it came crashing down yesterday morning on west baltimore avenue. one person was inside the house but fortunately was not hurt. >>> they are searching for an inmate who escaped from a correctional facility. david allan brown climbed over a fence near lakeport on sunday night. as you can see from his picture he has a very distinct tattoo around his neck. he is a parole violater and has been convicted of resisting arrest. he was supposed to serve his time but was stone a jail to reduce inmate population. >>> they are looking to the toughest gun laws legislation. they
NBC
Jan 14, 2013 6:00pm PST
:00 and 9:00 a.m. for the first in line at 9:00. >>> still ahead, debt ceiling deja vu. from social security to interest rates, the president lays down the law and the cuts that could be coming our way. but is the situation as dire as they make it? >>> a somber anniversary in newtown as parents mark one month since their children were killed. their new proposal today and the unthinkable has happened again. a brutal gang rape in india that started with just a bus ride next in "world tonight." >>> also, he used to shoot with his gun. now this former cop uses his camera to shoot 49ers games. >>> welcome back. now if you thought the doomsday scenarios were bad under the fiscal cliff, just wait for what's coming next. >> the debt ceiling talks are under way. president obama warns the dire consequences if congress fails to raise our borrowing limits. in tonight's reality check, sam brock explains why most people should just take a deep breath. sam? >> raj, it would be therapeutic if nothing else. there is certainly little refuting the failure to raise the debt ceiling would send shock waves throug
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